Word: cargoing
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...muddy Pearl River last week washed some grisly flotsam onto the shores of the islands that hug South China. On Hong Kong and Macao, 43 bodies drifted to shore-many brutally slashed and six of them trussed, their arms and legs roped to their necks. The Pearl's cargo confirmed, in dramatic fashion, reports from the mainland by travelers, press and radio that the worst factional fighting in a year is spreading throughout much of China, particularly its southern half...
...Middle East's oil annually, to keep its line bubbling. The region's only major non-Arab producer is Iran, on which Israel relies for much of its domestic oil needs. But predominantly Moslem Iran is sure to come under heavy Arab pressure to steer its oil-cargo trade in Cairo's direction. So, even though its pipeline is expected to be finished first, Israel may thus run into trouble in the race for customers...
...would like tenth-largest Continental to be the biggest in some aspect of the aviation industry. Last week, three days after his 61st birthday, Bob Six got his wish. At Chicago's O'Hare International Airport, Continental's president dedicated a new $6,500,000 air-cargo terminal that is the biggest such structure in the world. If it were picked up, straightened out and moved to downtown Chicago, the new terminal would stretch for four blocks in the Loop...
...newest freight venture, the Santa Fe is proposing that cargo moving between Europe and Asia be unloaded from ships and carried across a U.S. "land bridge" consisting of Santa Fe and Penn Central tracks. Moving between New York City and the West Coast in five days, the trains would chop five to eleven days off the same trip made by ship via the Panama Canal, with obvious savings...
...airport construction. Now the Government wants out. The U.S Secretary of Transportation, Alan S. Boyd, recently proposed that, except for special cases, airports and airlines do all heir own financing, cover the cost of revenue bonds by means of higher ticket taxes and new taxes on fuel and cargo. Meanwhile, with expansions necessary and costly new construction planned, airports are already increasing landing fees and other charges...